Termination Leave definition

Termination Leave means the period commencing on the Effective Date and ending on the Termination Date.
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Termination Leave means annual leave which was deferred during the year earned to be used in a subsequent year to extend an employee’s termination date or for payment in a lump sum upon termination.
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Examples of Termination Leave in a sentence

  • All accrued regular and extended vacation entitlement, including pro-rated regular and, if applicable, extended entitlement to the Termination Date, will be paid to the Executive at the commencement of the Termination Leave.

  • Such payment will be either a lump sum or a combination of terminal leave and lump sum payment.Employee will fill out the Termination Leave Option Form.

  • To use terminal leave the employee must fill out the Termination Leave Option Form.In the case of death of a current employee, payment for University service will be made up to, and including, the complete workday on the date of death.H. EMPLOYMENT RECORD‌Each benefited employee shall have an official employment record in the form of a personnel file.

  • Effective April 1, 2014, by City ordinance, 84 percent of the income tax proceeds were credited to the General Fund, 15 percent of the income tax proceeds were credited to the Capital Improvements Capital Projects Fund, and 1 percent of the income tax proceeds were credited to the Termination Leave Payment Special Revenue Fund.

  • Two user-defined descriptions may be entered here.Year to Date Plus total for the Definition type:• TLEAVE - Termination Leave Pay-out - default to Other Payment 1• NLEAVE - Normal Leave Pay-out - default to Other Payment 2Value defaulted to the Earning Types listed above, but user can change values included for Other Payment 1 and Other Payment 2 using Report Field Mapping.

  • By City ordinance, effective April 1, 2014, by City ordinance, 84% of the income tax proceeds were credited to the General Fund, 15% of the income tax proceeds were credited to the Capital Improvements Capital Projects Fund, and 1% of the income tax proceeds were credited to the Termination Leave Payment Special Revenue Fund.

  • Termination Leave costs for federally supported staff which have been charged to a state or local program.

  • Resignation, Termination, Leave of Absence or Death‌ Generally, and subject to any express resolution passed by the Board, if a Participant's employment or service is terminated, or if the Participate resigns from employment with the Company, then any RSUs credited to him or her under the RSU Plan which have not vested on or before the Separation Date (as defined in the RSU Plan) for the Participant are forfeited, cancelled and terminated without payment effective on the Separation Date.

  • Employee Termination, Leave of Absence, Personal Leave, and Other Absences: Employees who are terminated, on a leave of absence, or laid off have no right to the contents of their email messages and are not allowed access to the email system unless approved by the Chief Executive Officer.

  • In 2017, Marathon indeed reshuffled its entire asset portfolio, selling low yield shale acreage and buying significant new acreage position in the more profitable SCOOP-STACK play of Oklahoma.

Related to Termination Leave

  • Disability Termination means termination by the Company of the Executive’s employment by reason of the Executive’s incapacitation due to disability. The Executive will be deemed to be incapacitated due to disability if at the end of any month the Executive is unable to perform substantially all of the Executive’s duties under this Agreement in the normal and regular manner due to illness, injury or mental or physical incapacity, and has been unable so to perform for either (i) three consecutive full calendar months then ending, or (ii) 90 or more of the normal working days during the 12 consecutive full calendar months then ending. Nothing in this paragraph alters the Company’s obligations under applicable law, which may, in certain circumstances, result in the suspension or alteration of the foregoing time periods.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Lease Termination Date means the last day of the Lease Term.

  • Disability retirement for plan 1 members, means the period

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Termination, Moving You may cancel your acceptance of the Agreement with XOOM at any time prior to midnight of the thirtieth (30th) calendar day after the date of the first bill from your utility that includes XOOM charges for gas supply service without penalty or cancellation fee by calling XOOM at 0-000-000-0000 or by sending an email to xxxxxxxxxxxx@xxxxxxxxxx.xxx. When moving to an address within your local utility’s service territory, XOOM will make every effort to transfer your service to your new service address, provided that you notify XOOM within fifteen (15) days of your move. If a transfer of service is not successful or you move to a location outside your local utility’s service territory, you may cancel this Agreement at no cost to you. Failure to notify XOOM of your move will be considered a cancellation of this Agreement in accordance with its terms.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Termination Letter has the meaning specified in Section 2.17(b).

  • Disability Effective Date means the date on which termination of employment becomes effective due to Disability.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.

  • Covered Termination means the termination of Executive’s employment by the Company without Cause or by Executive for Good Reason, and shall not include a termination due to Executive’s death or disability.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.